Leading the Way
As of February 2012, Greyston Bakery became the very first company to register as a Benefit Corporation in New York State. This accomplishment is a reflection of the pioneering attitude that still resonates at the bakery after 30 years.
In 2013 and 2014, we were awarded the prestigious titles of “Best for the World” and “Best for the Community” by B Lab, the umbrella organization for Benefit Corporations. Greyston’s B Lab score had improved by over 35% from its prior audit in 2011, and has since increased its impact on governance, workers, community and environment. Go team!
What is a Benefit Corporation?
A Benefit Corporation is a new class of business; a legal entity that is required by law to create a general benefit for society as well as for its shareholders. Benefit Corporations must have a material positive impact on society, and must consider how their decisions affect their employees, their community and the environment.
Transparency is the cornerstone of the Benefit Corporation movement and Greyston’s Benefit Corporation Report presents all of our current benchmarks and goals for the future. Providing a positive impact on society while conducting a transparent business operation has been our mission for 30 years and we hope to set an example for all other businesses to follow.
Learn more about our Benefit Corporation in Action Here!